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China’s April iron ore imports stay high as lower prices draw buyers

China’s April iron ore imports ticked up 1.1% from the previous month, customs data showed on Thursday, as lower prices in March encouraged some...

Argentina grains ports, soy crushing plants idle due to general strike

Argentine grains ports and soybeancrushing plants in the area surrounding the major Rosario hub arestanding idle due to a nationwide strike launchedon Thursday, the...

Baltic index snaps five-day rally as capesize rates sink

The Baltic Exchange’s main sea freight index snapped a five-session winning streak on Thursday, as rates for the capesize vessel segments dipped. The overall index,...

Neptune Leasing expands in Asia

Neptune Maritime Leasing, a ship finance platform controlled by Costamare, announced that it has expanded operations into Asia. More specifically, Neptune Leasing has hired Chih...

Ardmore posts robust Q1 results

Ardmore Shipping Corporation announced results for the three months ended March 31, 2024. Highlights and Recent Activity Reported net income and Adjusted earnings of $38.4 million...

Torm profitable in 1Q2024

Financial results In the first quarter of 2024, TORM grew time charter equivalent earnings (TCE) to USD 330.7m (2023, same period: USD 265.0m) and realized...

Greece extends naval advisory to deter Russian oil ship-to-ship transfers

The Greek navy on Wednesday extended an advisory effectively banning ship traffic off the coast of the southeastern Peloponnese that two sources said was...

Iron ore slips amid high inventories at China ports

Iron ore futures prices slipped on Wednesday amid rising inventories at Chinese ports, despite hopes for greater intervention in the country’s flagging property market. The...

Baltic index sails to more than 1-month high on rise across vessel segments

The Baltic Exchange’s main sea freight index rose to a more than one-month high on Wednesday, helped by stronger rates across vessel segments. The overall...

Euronav reports first quarter profit of $495 million

Euronav NV reported its non-audited financial results today for the first quarter ended 31 March 2024. For the first quarter of 2024, the Company realized...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...